Helping You Retain Your Vehicle & Find Debt Relief

If you are unable to keep up with your auto payments, your lender may attempt to repossess your vehicle. Even after your car, truck, or other vehicle has been repossessed, you may still be held responsible for the deficiency. However, if you have found yourself behind on payments and unable to catch up, you have options for preventing repossession in Southeastern Michigan. At Gudeman & Associates, P.C., our experienced Royal Oak bankruptcy attorneys can help you weigh your options and create a plan for keeping your vehicle and finding debt relief.

How to Stop Vehicle Repossession

There are a number of options for individuals wishing to stop vehicle repossession in Southeastern Michigan. First, it’s important that you know your rights in regard to vehicle repossession. The state of Michigan is known as a “self-help repossession” state. This means that a lender is legally allowed to repossess your vehicle without giving notice. However, there are certain things that the lender may not do in order to take your vehicle.

When attempting to repossess your vehicle, a lender may not:

Enter any structure including attached to your home

Misrepresent who they are or why they are seeking your vehicle

Deceive you into providing access to the vehicle

Threaten you, use physical force, or provoke you or your family

Additionally, the lender must remove the vehicle without making a disturbance. At Gudeman & Associates, P.C., our Royal Oak auto repossession attorneys are here to protect your rights and help you understand your options.

There are various ways to temporarily or permanently stop vehicle repossession, including:

Making up the late payments

Reinstating the loan

Refinancing the loan

Negotiation with the creditor

Redeeming the vehicle

Filing for bankruptcy

Of these options, bankruptcy is the most effective way to immediately stop auto repossession. Our attorneys can help you determine if you should file for bankruptcy, and which type you should file for, Chapter 7, Chapter 13, Chapter 11, or Chapter 12.